Argo Blockchain, a UK-based cryptocurrency miner, announced on Thursday it has exceed 1,000 Bitcoin holdings since its launch. The company also revealed that during May 2021, It mined 166 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 163 BTC in April 2021. This… Read More
Trellis Technologies, Inc., a U.S.-based insurtech platform, announced on Thursday it secured $10 million through its Series A funding round, which was led by QED Investors with participation from NYCA Partners and General Catalyst. Founded in 2019, Trellis explained it provides secure, digital solutions that… Read More
BitcoinPoint, a UK-based Bitcoin buying platform, has successfully secured more than £300,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which launched last month, quickly surpassed its initial £100,000 and has attracted nearly 940 Crowdcube investors. As previously reported, BitcoinPoint stated that its in-house software… Read More
Zoom Food Group, a UK-based food delivery service, is set to close its equity crowdfunding campaign on Seedrs with nearly £600,000 raised. The funding round, which originally sought to secure £200,000, has attracted over 300 Seedrs investors. Founded in 2017, Zoom describes itself as a bootstrapped, disruptive… Read More
B2B fintech-as-a-service provider Rapyd announced on Thursday its new venture arm, which will focus on investing in early and growth-stage businesses that are delivering the next wave of financial services innovation. The company reported that the arm will be led by Joel Yarbrough, MD of Rapyd… Read More
Mambu, a Germany-based SaaS banking platform provider, announced earlier this week it has teamed up with Google Cloud to power Bank Jago, a Indonesia-based digital bank. Mambu reported that Bank Jago is considered the first organization to benefit from the Bambu-Google Cloud collaboration. Jago… Read More
The Beans, a U.S.-based fintech startup announced on Thursday it secured $2 million through its investment round, which was led by Precursor Ventures with participation from Relay Ventures, One Planet VC, Swing Ventures, Oxford Angel Fund, and a group of notable angel investors. The Beans describes itself… Read More
U.S. digital banking group Ally Bank announced on Wednesday it has officially eliminated overdraft fees on all accounts. The bank revealed that every Ally Bank customer is eligible and there are no requirements or restrictions. The elimination of overdraft fees notably is the latest… Read More
Anorak, a UK-based life insurance advice platform, has reportedly secured £5 million through its latest investment round, which was led by Outward VC, with participation from Triple Point Ventures and Kamet Ventures Founded in 2017, Anorak describes itself as a technology company that is… Read More
India-based banking group ICICI Bank announced on Wednesday it has teamed up with SWIFT to offer a facility that helps overseas partner banks to send instant remittances on behalf of their customers to the beneficiary in India. ICICI Bank claims this makes it the first… Read More
Nuvei, a global payment technology provider based in Canada, announced on Wednesday its wholly-owned FCA regulated subsidiary has secured the scheme licenses to continue acquiring and processing Mastercard and Visa payments for merchants who are based in the UK beyond the FCA Temporary… Read More
U.S.-based payments platform Veem announced on Wednesday the expansion of its no-fees domestic payment services to Canada. The service, called Veem Local Canada, will include Electronic Funds Transfers (EFT), which will give Canadian business owners a new, easy-to-use tool for payment options. According to… Read More
Paysafe (NYSE: PSFE), a specialized payments platform, announced on Wednesday it has formed a new integrated payments partnership with SimplyPayMe, a payments technology and infrastructure provider. Paysafe reported that SimplyPayMe’s flagship mobile payments, invoicing, and simple business management solution has plugged into its platform… Read More
Taulia, a U.S.-based working capital solutions provider, announced on Tuesday it has expanded its global footprint by growing its presence in both China and Singapore. Founded in 2009, Taulia claims to be a leading provider of working capital solutions. Through a combination of its… Read More
TradeStation Crypto, Inc., a subsidiary of TradeStation Group, announced on Tuesday it has introduced its new price plan that will include reductions in taker fees of up 50% and additional maker fees. The company noted it does not charge any fees for crypto custody, deposits,… Read More
SC Ventures, the venture unit of Standard Chartered Bank, announced on Wednesday it has joined forces with digital asset company BC Group to establish digital asset brokerage and exchange for institutional, as well as corporate clients, in the UK and Europe. According to the… Read More
Allied Payment Network, a U.S.-based online and mobile bill payments services provider, announced on Wednesday it has formed a partnership with digital banking solutions provider Tyfone. Allied reported that through the collaboration, Tyfone will integrate with the Allied core-connect real-time digital payment solutions into its… Read More
Green Feather, a U.S.-based healthcare fintech and the creator of patient payments platform, Feather Pay, announced on Wednesday it raised $1.5 million through its latest seed investment round, which was led by Lawrence P. Huang, Co-Foudner of Ciena Corp. and Executive Chairman of Green… Read More
Divido, a UK-based buy now pay later platform, announced on Wednesday it secured $30 million through its Series B funding round, which was led by HSBC and ING with participation from Sony Innovation Fund by IGV, SBI Investment, OCS, Global Brand, DG Daiwa Ventures,… Read More
Nevomo, a Poland- based transportation tech, has raised over €1.22 million through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise €1 million, has already attracted 870 Seedrs investors. As previously reported, Nevomo stated it has developed technology for a magrail system,… Read More
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